Norwegian Block Exchange AS

Board/Management Information • Sep 13, 2024

NBX Appoints Nicolai Lunde as CFO to Spearhead Digital Asset Bank Transition

NBX Appoints Nicolai Lunde as CFO to Spearhead Digital Asset Bank Transition

Oslo, September 13, 2024 – Norwegian Block Exchange AS (NBX), the first publicly listed cryptocurrency exchange in the Nordics and a leader in digital asset services, is pleased to announce the appointment of Nicolai Lunde as Chief Financial Officer (CFO), effective September 16, 2024.

Nicolai Lunde will assume the role of CFO at NBX, where he will play a pivotal role in the company's strategic plan to evolve into a digital asset bank. This transition aims to bridge the gap between traditional finance and the rapidly growing cryptocurrency sector, positioning NBX at the forefront of financial innovation in the Nordics.

Nicolai joins NBX from his previous position at Kistefos AS. His extensive experience includes serving as a Board Member at Morrow Bank ASA, where he was part of the Audit and Risk Committee. Prior to joining Kistefos, Nicolai worked as Head of Analysis in Bank Norwegian focusing on Risk Management and Operative improvements. His previous experience includes Consultancy in EY as Internal Auditor for the Financial Services Risk Management division and Analyst & Advisory roles in Nordea.

Mr. Lunde holds a Master of Science in Corporate Finance from Cass Business School and a Master of Arts in Business & Finance from Heriot-Watt University.

"We are thrilled to have Nicolai join our team," said Stig Aleksander Kjos-Mathisen, CEO of NBX. "Over the past few years, we've had the benefit of his valuable insights as our point of contact at Kistefos, one of our key investors. I am confident that he is the ideal candidate for this role. His expertise will be invaluable as we navigate the transition to becoming a digital asset bank, a phase in which Nicolai will play a leading role."

"I am very much looking forward to taking on the role as CFO in NBX," Mr. Lunde commented. “This is a pivotal time in NBX's strategic development, and I'm excited to help realize our ambitious growth plans going forward. Throughout my career, my focus has been on consumer and traditional banking, recently as a member of the board, but mostly in operational roles. I will leverage this experience together with Stig and the team to deliver on the board's agenda creating value for all stakeholders."

About NBX

Norwegian Block Exchange AS (NBX) is the first publicly listed cryptocurrency exchange in the Nordics. Founded in 2018, NBX has quickly established itself as a trusted platform for trading and storing digital assets. With a commitment to security, compliance, and innovation, NBX is paving the way for the future of finance in the Nordic region. The company's transition to a digital asset bank represents its next step in revolutionizing the financial landscape.

For more information about NBX, visit www.nbx.com

Media Contact

For further information, please contact: Nicolai Lunde, CFO, +47 93 49 70 79